Mullen Automotive Inc [NASDAQ: MULN] traded at a high on Friday, posting a 8.47 gain after which it closed the day’ session at $0.44.
The results of the trading session contributed to over 22830264 shares changing hands. Over the past one week, the price volatility of Mullen Automotive Inc stands at 14.44% while the volatility over the past one month is 22.04%.
The market cap for MULN stock reached $19.62 million, with 44.53 million shares outstanding and 34.15 million shares in the current float. Compared to the average trading volume of 6.08M shares, MULN reached a trading volume of 22830264 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Mullen Automotive Inc [MULN]?
The Average True Range (ATR) for Mullen Automotive Inc is set at 0.17, with the Price to Sales ratio for MULN stock in the period of the last 12 months amounting to 18.00.
How has MULN stock performed recently?
Mullen Automotive Inc [MULN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.66. With this latest performance, MULN shares dropped by -62.97% in over the last four-week period, additionally sinking by -99.64% over the last 6 months – not to mention a drop of -99.94% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MULN stock in for the last two-week period is set at 26.22, with the RSI for the last a single of trading hit 25.42, and the three-weeks RSI is set at 26.87 for Mullen Automotive Inc [MULN]. The present Moving Average for the last 50 days of trading for this stock 1.6245, while it was recorded at 0.4333 for the last single week of trading, and 138.2347 for the last 200 days.
Mullen Automotive Inc [MULN]: Deeper insight into the fundamentals
Mullen Automotive Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.14 and a Current Ratio set at 0.34.
Insider trade positions for Mullen Automotive Inc [MULN]
There are presently around $3.31%, or 13.23%% of MULN stock, in the hands of institutional investors.
